Sobute New Materials Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	701.66	948.9	869.26	1,003	1,048	841.72
Trading Asset Securities	1,251	812.81	334.54	276.57	8	115
Cash & Short-Term Investments	1,953	1,762	1,204	1,279	1,056	956.72
Cash Growth	9.84%	46.35%	-5.89%	21.08%	10.42%	-3.01%
Accounts Receivable	2,716	3,008	3,008	3,014	3,234	3,412
Other Receivables	61.83	45.49	55.17	59.6	58.89	46.7
Receivables	2,778	3,054	3,063	3,074	3,292	3,459
Inventory	508.27	488.4	418.92	453.47	457.73	462.36
Other Current Assets	142.17	130.31	138.64	124.59	131.11	169.61
Total Current Assets	5,381	5,434	4,824	4,931	4,938	5,047
Property, Plant & Equipment	1,984	2,026	2,091	2,063	1,863	1,651
Long-Term Investments	116.53	115.97	114.57	110.37	112.02	111.53
Goodwill	127.26	127.26	150.18	152.01	149.46	149.46
Other Intangible Assets	427.9	431.1	462.33	472.67	456.93	369.29
Long-Term Deferred Tax Assets	155.89	153.96	142.46	120.89	92.61	57.91
Long-Term Deferred Charges	70.82	84.54	77.95	90.54	94.42	103.97
Other Long-Term Assets	17.52	4.89	22.07	19.78	45.14	78.92
Total Assets	8,281	8,378	7,885	7,960	7,751	7,570
Accounts Payable	407.33	435.28	570.37	407.19	749.25	1,260
Accrued Expenses	52.47	267.87	269.03	219.51	235.8	297.38
Short-Term Debt	1,451	1,272	789.36	688.31	862.25	741.69
Current Portion of Long-Term Debt	114.85	155.86	132.39	552.23	-	10
Current Portion of Leases	-	12.29	16.76	12.42	14.85	14.15
Current Income Taxes Payable	30.71	12.24	32.65	28.47	38.63	49.09
Current Unearned Revenue	128.86	94.58	80.94	103.66	92.75	109.46
Other Current Liabilities	94.11	112.49	126.16	141.36	118.41	371.05
Total Current Liabilities	2,280	2,363	2,018	2,153	2,112	2,853
Long-Term Debt	822.2	869.54	834.78	860.51	840.82	300
Long-Term Leases	16.64	20.56	26.49	33.37	32.69	35.17
Long-Term Unearned Revenue	180.54	184.91	161.07	161.69	134	101.31
Long-Term Deferred Tax Liabilities	27.54	28.69	33.29	38.91	37.93	14.94
Total Liabilities	3,326	3,467	3,073	3,248	3,157	3,304
Common Stock	426.3	426.3	432.61	420.31	420.31	420.31
Additional Paid-In Capital	1,764	1,764	1,800	1,732	1,735	1,731
Retained Earnings	2,109	2,079	2,002	1,971	1,935	1,798
Treasury Stock	-34.12	-34.12	-71.52	-	-	-24.78
Comprehensive Income & Other	103.14	103.41	105.86	106.78	103.84	6.1
Total Common Equity	4,368	4,338	4,268	4,229	4,194	3,931
Minority Interest	585.93	572.75	543.18	483.38	400.41	334.94
Shareholders' Equity	4,954	4,911	4,812	4,713	4,594	4,266
Total Liabilities & Equity	8,281	8,378	7,885	7,960	7,751	7,570
Total Debt	2,405	2,331	1,800	2,147	1,751	1,101
Net Cash (Debt)	-452.18	-568.96	-595.97	-867.75	-694.21	-144.29
Net Cash Per Share	-1.03	-1.32	-1.37	-2.06	-1.57	-0.34
Filing Date Shares Outstanding	431.24	426.3	432.61	420.31	420.31	420.31
Total Common Shares Outstanding	431.24	426.3	432.61	420.31	420.31	420.31
Working Capital	3,101	3,071	2,807	2,778	2,826	2,195
Book Value Per Share	10.13	10.18	9.87	10.06	9.98	9.35
Tangible Book Value	3,813	3,780	3,656	3,604	3,587	3,412
Tangible Book Value Per Share	8.84	8.87	8.45	8.58	8.53	8.12
Buildings	-	1,614	1,351	1,351	1,136	1,052
Machinery	-	1,386	1,264	1,221	1,099	945.73
Construction In Progress	-	4.37	306.15	157.06	130.19	19.27

Source: S&P Global Market Intelligence. Standard template. Financial Sources.